智通财经APP获悉，据港交所9月24日披露，山金国际黄金股份有限公司(简称：山金国际)向港交所主板提交上市申请书，中信证券、中金 公司、瑞银集团为其联席保荐人。山金国际(000975.SZ)已在深交所上市。 招股书显示，山金国际是中国领先的黄金生产商之一，主要从事金、银、铅及锌等其他有⾊金属的勘探、开採及选冶以及金属贸易业务。 根据弗若斯特沙利文的资料，山金国际是中国上市的黄金公司中按黄金矿产毛利率及黄金矿产成本计盈利能力最强、成本效益领先的黄金 生产商。 山金国际的黄金产量在中国黄金生产商中排名第六，黄金储量在中国黄金生产商中排名第四。公司的黄金资源量在往绩记录期间实现了显 著的增长，截至2025年6月30日，山金国际的黄金资源量达到284.6吨，对比截至2023年12月31日的146.7吨接近实现了翻倍。截至2024年12 月31日止年度，山金国际的黄金全维持成本为683.5美元/盎司，位于全球黄金开采全维持成本曲线前10%，而同年全球平均数为1438.1美 元/盎司。 山金国际拥有并经营六家矿业企业，分布于中国及纳米比亚。其中，五家金矿企业下属六个采矿许可证、29个探矿许可证及四个在申请探 矿许可证，一 ...

据港交所9月24日披露，山金国际（000975）黄金股份有限公司(简称：山金国际)向港交所主板提交上市申请书，中信证券、中金公司 （601995）、瑞银集团为其联席保荐人。山金国际(000975.SZ)已在深交所上市。 招股书显示，山金国际是中国领先的黄金生产商之一，主要从事金、银、铅及锌等其他有 金属的勘探、开採及选冶以及金属贸易业务。根 据弗若斯特沙利文的资料，山金国际是中国上市的黄金公司中按黄金矿产毛利率及黄金矿产成本计盈利能力最强、成本效益领先的黄金生 产商。 山金国际的黄金产量在中国黄金（600916）生产商中排名第六，黄金储量在中国黄金生产商中排名第四。公司的黄金资源量在往绩记录期 间实现了显著的增长，截至2025年6月30日，山金国际的黄金资源量达到284.6吨，对比截至2023年12月31日的146.7吨接近实现了翻倍。截 至2024年12月31日止年度，山金国际的黄金全维持成本为683.5美元/盎司，位于全球黄金开采全维持成本曲线前10%，而同年全球平均数 为1438.1美元/盎司。 山金国际拥有并经营六家矿业企业，分布于中国及纳米比亚。其中，五家金矿企业下属六个采矿许可证、29个探矿许可证 ...

招股书显示，山金国际是中国领先的黄金生产商之一，主要从事金、银、铅及锌等其他有⾊金属的勘探、开採及选冶以及金属贸易业务。 根据弗若斯特沙利文的资料，山金国际是中国上市的黄金公司中按黄金矿产毛利率及黄金矿产成本计盈利能力最强、成本效益领先的黄金 生产商。 智通财经APP获悉，据港交所9月24日披露，山金国际黄金股份有限公司(简称：山金国际)向港交所主板提交上市申请书，中信证券、中金 公司、瑞银集团为其联席保荐人。山金国际(000975.SZ)已在深交所上市。 | 【编纂】項下的I编纂I數目 | :[编纂]股H股(視乎[编纂]行使與否而定) | | --- | --- | | | 编纂 數目 : [编纂]股H股(可予重新分配) | | | [编纂 數目 : [编纂]股H股(可于重新分配及視乎 编纂 行 | | | 使與否而定) | | | 最高[編纂] : 每股H股[編纂]港元加1.0%經紀佣金、 | | | 0.0027%證監會交易徵費、0.00015%會 | | | 財局交易徵費及0.00565%香港聯交所交 | | | 易費(須於[編纂]時以港元繳足,多繳股款 | | | 可予張還) | | | 面值 : ...

湖南黄金称自身则将深刻汲取本次事件教训，进一步加大对各子公司的安全生产检查和督查力度，加强 员工安全教育培训，切实落实安全生产责任。 值得一提的是，智通财经（www.thepaper.cn）记者注意到，在近3年不到的时间内，湖南黄金已披露新 龙矿业至少5起安全事故。 2022年12月20日，新龙矿业的井下采掘工程承包方浙江宝树一名员工在天井拆除风水管过程中发生意 外，事故造成浙江宝树一名员工死亡。2023年7月19日，浙江宝树驻新龙矿业项目部一名员工在本部井 下进行出渣作业时，作业面发生冒顶，事故造成浙江宝树一名员工死亡。 2024年3月27日，新龙矿业的采掘工程承包方金智源项目部员工在新龙矿业地面630工业广场仓库门口搬 取锚网作业时，由于堆放的锚网滚落，发生物体打击，事故造成金智源新龙矿业项目部一名员工死亡。 4个月之后的2024年7月17日，金智源项目部员工在新龙矿业800坑口6#脉采场进行风钻作业时，顶板冒 落，事故造成金智源驻新龙矿业项目部一名员工死亡。 湖南黄金前身是湖南省湘西金矿，主要从事黄金及锑、钨等有色金属矿山的开采、选矿，金锑钨等有色 金属的冶炼及加工，黄金、精锑的深加工及有色金属矿产品的 ...

Core Viewpoint - Zijin Gold International, a spinoff from a leading Chinese mining company, has reported strong revenue and profit growth for the first half of 2025, with revenue increasing by 43% and profit soaring by 143% [1][2][4]. Group 1: Company Overview - Zijin Gold International has initiated an IPO in Hong Kong, aiming to raise approximately $3.21 billion, leveraging its rapid growth and improving profit margins to attract global investors [1][4]. - The company aims to position itself alongside global giants like Newmont and Barrick Gold, focusing solely on gold operations [2][4]. Group 2: Financial Performance - For the first half of 2025, Zijin Gold International reported revenue of $2 billion, a 43% increase compared to the previous year, and a profit of $520 million, reflecting a 143% rise [4][6]. - The company's profit margin has significantly improved, with gross margins rising from 34.1% in 2022 to 46.5% in the first half of 2025, aligning it with industry leaders [7]. Group 3: Market Dynamics - The surge in gold prices, which have increased by 37% over the past year, has contributed to the company's strong performance [2][5]. - There is a growing trend among central banks, particularly in emerging economies, to increase their gold reserves, highlighting the potential for further demand in the gold market [5]. Group 4: Operational Efficiency - Zijin Gold International has been enhancing operational efficiency through technological advancements and leveraging the experience of its parent company, resulting in improved performance of previously underperforming mines [6][7]. - The company has achieved an average annual growth rate of 21.4% in gold production from 2022 to 2024, with a decrease in mining costs from $38.70 per ton in 2022 to $32.70 in the first half of 2025 [7]. Group 5: ESG Commitment - The company emphasizes its commitment to ESG (Environmental, Social, and Governance) standards, aiming to positively impact local communities and adhere to international environmental standards [2][7].

根据弗若斯特沙利文的资料，紫金黄金国际截至2024年12月31日的黄金储量和2024年的黄金产量分别位 居全球第九和第十一。2022年至2024年黄金产量的复合年增长率达到21.4%，母公司拥有人应占净利润 的复合年增长率为61.9%。 紫金黄金国际预期，集资款项所得用作支付收购哈萨克斯坦Raygorodok金矿的款项；未来五年内升级及 建设现有矿山，全面提升产能；用于营运的所有矿山的勘探活动；及一般公司用途。 紫金矿业 紫金矿业 分时图 日K线 周K线 月K线 25.93 0.11 0.43% 1.20% 0.81% 0.39% 0.00% 0.39% 0.81% 1.20% 25.51 25.61 25.72 25.82 25.92 26.03 26.13 09:30 10:30 11:30/13:00 14:00 15:00 0 135万 269万 404万 紫金黄金国际(02259)于9月19日起至24日招股，预期9月29日挂牌。不过，面对超强台风"桦加沙"迫近 香港，紫金黄金国际或要推迟认购期以至挂牌日期。 目前，天文台于9月23日(周二)下午2时20分改发8号烈风或暴风信号，并会考虑桦加沙与香港的 ...

Core Viewpoint - Hunan Gold (002155) announced that its subsidiary, Xinlong Mining, will gradually resume production starting September 25 after a temporary halt due to a fatal accident [1] Group 1: Incident Details - On August 24, an employee at Xinlong Mining died due to a rockfall incident while handling anchor mesh in the 7 vein 310-813 mining area [1] - Following the accident, Xinlong Mining suspended operations on August 24 [1] Group 2: Financial Impact - The temporary suspension of operations at Xinlong Mining is estimated to reduce the company's net profit by approximately 52 million yuan [1]

A boom in artisanal gold mining in Ghana has driven mercury contamination to dangerous levels in host communities, with soil readings in some areas reaching 134 times amounts deemed to be safe, a gove... ...

Core Viewpoint - In the context of increasing volatility in global financial markets, gold's status as a safe-haven asset is becoming more pronounced, leading to record-high gold prices and heightened enthusiasm for gold companies to list in Hong Kong [1] Group 1: Company Performance - Zijin Gold International, established in 2007, has shown impressive performance with projected revenues of approximately $1.818 billion, $2.262 billion, and $2.990 billion from 2022 to 2024, reflecting a compound annual growth rate (CAGR) of 28.2% [3] - The company's net profit for the same period is expected to be $184 million, $230 million, and $481 million, with a remarkable CAGR of 61.9% [3] - In the first half of 2025, Zijin Gold International achieved revenue of $2 billion, a year-on-year increase of 42.33%, and a profit of $625 million, with a year-on-year growth of 125.6% [3] - The significant growth is largely attributed to rising gold prices, which increased by 27% in 2024 and over 41% in 2025 [3] Group 2: Market Outlook - Morgan Stanley has raised its year-end gold price target to $3,800 per ounce, emphasizing the strong negative correlation between gold and the US dollar [4] - UBS has indicated that gold prices could reach $4,000 per ounce under deteriorating geopolitical or economic conditions, with a forecast of $3,700 per ounce by June 2026 already being surpassed [4] - Zijin Gold International's gold reserves reached 27.5 million ounces (approximately 856 tons) as of December 31, 2024, ranking ninth globally, which supports its long-term growth potential [4] Group 3: Competitive Advantages - Zijin Gold International benefits from synergies with its parent company, Zijin Mining, which ranks first among global gold companies and fourth among metal mining companies [6] - The company has a complete industry chain covering exploration, mining, processing, smelting, refining, and sales, ensuring business stability and profitability [7][8] - Zijin Gold International has extensive merger and acquisition experience, holding rights to eight gold mines in resource-rich regions and planning a $1.2 billion acquisition of the Raygorodok gold mine in Kazakhstan [9] - The company emphasizes technological upgrades, achieving a gold recovery rate increase from 78% to 81% from 2022 to 2024 through innovative processes [10] Group 4: ESG Practices - Zijin Gold International integrates ESG as a core value, focusing on sustainable mining practices and minimizing emissions through advanced metallurgical processes [14] - The company emphasizes local employment and community engagement, providing training and supporting local infrastructure and development [15] - Its ESG initiatives enhance operational transparency and responsibility, contributing to its long-term competitiveness and reputation in the global mining industry [15] Group 5: Conclusion - In the current gold bull market, Zijin Gold International demonstrates strong growth potential supported by solid performance, favorable gold price trends, and unique competitive advantages [16] - The company's upcoming listing on the Hong Kong Stock Exchange capitalizes on market conditions, showcasing its superior alpha capabilities and positioning it for a more significant role in the global gold landscape [17]

Group 1 - The company is a developing gold mining enterprise focused on gold mining and recovery, with gold resources in Shaanxi and Gansu, holding an average grade of 8.26 g/t and a resource amount of 55 tons, achieving a gold production of 2.5 tons in 2024 [1] - The company expects to achieve a revenue of HKD 1.6 billion in 2024, a year-on-year increase of 7%, with a gross profit of HKD 523 million, a year-on-year increase of 212%, and a net profit of HKD 211 million, a year-on-year increase of 310% [1] - The revenue structure indicates that gold mining is the main business, with mining revenue expected to be HKD 1.3 billion in 2024, accounting for 81.2% of total revenue, and mining gross profit expected to be HKD 520 million, accounting for nearly 100% of total gross profit [1] Group 2 - The company is expanding its resources with a focus on both production and reserve mines, with a processing capacity of 94,000 tons per year across its two mining areas, and a projected underground mining volume of 500,700 tons in 2024 [2] - A long-term gold streaming agreement was signed with Zijin Mining, where Zijin will prepay USD 25 million, and the company will deliver approximately 422 kg of gold over the next nine years, enhancing funding availability and stability for project development [2] - Future strategic goals include increasing research on mineralization patterns in Gansu and Shaanxi, actively pursuing external mergers and acquisitions for growth, and collaborating strategically with Zijin [2] Group 3 - The company forecasts net profits of HKD 780 million, HKD 1.05 billion, and HKD 1.26 billion for 2025-2027, representing growth rates of 269%, 34%, and 21% respectively, with EPS projected at HKD 0.18, HKD 0.24, and HKD 0.29 [2] - The estimated fair valuation of the company is between HKD 2.9 and HKD 3.0, indicating a premium of 39%-44% over the current stock price, with an initial coverage rating of "outperform the market" [2]